It is known that 30 of all customers of a major credit card

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It is known that 30% of all customers of a major credit card pay their bills in full before any interest charges are incurred. Suppose a simple random sample of 150 credit card holders is selected. What is the probability that between 40 and 50 customers pay their accounts balances in full before any interest charges are incurred?

Reference no: EM13636335

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